AIG Bonus

[soonerhubler]

Originally Posted by sitzpinkler

I HATE being a grammar nazi, but seriously, some of you need a few remedial English classes.

The word hate should not be capitalized. Am I right?

Also, the word Nazi should be capitalized.

[Jello Biafra]

Originally Posted by sitzpinkler

Why, they're going fantastic! Do you plan to see me in action?

How's the 72nd treating you?

yes. yes i do....i have one hand on my bag of pennies and the other hand on my other bag.....


of pennies....



meh, jobs still here, im still beating down mental midgets. you know.

[sitzpinkler]

Originally Posted by soonerhubler

The word hate should not be capitalized. Am I right?

Also, the word Nazi should be capitalized.

You are right.

Damn, pwned twice in one day.

I hate my life.

[Vaevictis]

Originally Posted by Frozen Sooner

Sounds good. Wouldn't survive an equal protection challenge in the courts.

Not saying it would, but why not?

It's already established that the government can vary tax rates depending on source (eg, foreign, capital gains, earned, etc.) Why wouldn't this one survive an equal protection clause -- assuming it applies to TARP funds in general instead of just say, AIG.

[sitzpinkler]

Originally Posted by Jello Biafra

yes. yes i do....i have one hand on my bag of pennies and the other hand on my other bag.....


of pennies....



meh, jobs still here, im still beating down mental midgets. you know.

I miss it out there. I felt so intelligent. Hire me, fugger.

[NYC Poke]

This is Gerry Pasciucco, former vice chairman of Morgan Stanley and current head of the AIG Financial Products group, the unit of AIG that trades credit derivatives. Captions are welcome.

[Frozen Sooner]

Originally Posted by Vaevictis

Not saying it would, but why not?

It's already established that the government can vary tax rates depending on source (eg, foreign, capital gains, earned, etc.) Why wouldn't this one survive an equal protection clause -- assuming it applies to TARP funds in general instead of just say, AIG.

Because it's meant to single out a particular class of people vs. a particular way people earn money.

Were the government to tax all bonus income at 100%, that's not violative of EP. Taxing all bonus income of people who happen to work at recipients of TARP funds is.

It could also be argued that it's a taking without due process, as it's meant to be punitive in nature.

[Frozen Sooner]

Originally Posted by NYC Poke

This is Gerry Pasciucco, former vice chairman of Morgan Stanley and current head of the AIG Financial Products group, the unit of AIG that trades credit derivatives. Captions are welcome.

The cognitive dissonance involved in his shirt is staggering.

[sitzpinkler]

Originally Posted by soonerhubler

The word hate should not be capitalized. Am I right?

Also, the word Nazi should be capitalized.

Ultimately though, I didn't capitalize that word on purpose. You know why? Because **** those guys. Anybody who associates themselves with that party is a giganctic POS and doesn't deserve a capital letter anywhere in their title.

[NYC Poke]

Originally Posted by Frozen Sooner

The cognitive dissonance involved in his shirt is staggering.

Even more, the picture was taken at Belle Haven.

[2Dogs]

http://www.foxbusiness.com/story/mar...ks-aig---time/

While the Senate was constructing the $787 billion stimulus last month, Dodd added an executive-compensation restriction to the bill. The provision, now called “the Dodd Amendment” by the Obama Administration provides an “exception for contractually obligated bonuses agreed on before Feb. 11, 2009” -- which exempts the very AIG bonuses Dodd and others are now seeking to tax.

Obama said it was ok by signing the stimulus. Guess he should have read it first. Oh and Dodd and Obama were the largest recipents od AIG campain contributions


Name Office Total Contributions
Dodd, Chris (D-CT) Senate $103,100
Obama, Barack (D-IL) Senate $101,332
McCain, John (R-AZ) Senate $59,499
Clinton, Hillary (D-NY) Senate $35,965
Baucus, Max (D-MT) Senate $24,750
Romney, Mitt (R) Pres $20,850
Biden, Joseph R Jr (D-DE) Senate $19,975
Larson, John B (D-CT) House $19,750
Sununu, John E (R-NH) Senate $18,500
Giuliani, Rudolph W (R) Pres $13,200
Kanjorski, Paul E (D-PA) House $12,000
Durbin, Dick (D-IL) Senate $11,000
Perlmutter, Edwin G (D-CO) House $10,500
Rangel, Charles B (D-NY) House $9,000
Edwards, John (D) Pres $7,850
Corker, Bob (R-TN) Senate $7,400
Smith, Chris (R-NJ) House $6,900
Neal, Richard E (D-MA) House $6,500
Rockefeller, Jay (D-WV) Senate $6,500
Reed, Jack (D-RI) Senate $6,000
Udall, Mark (D-CO) House $5,800
Maffei, Dan (D-NY) House $5,000
Nelson, Bill (D-FL) Senate $5,000
Warner, Mark (D-VA) Senate $5,000
Bean, Melissa (D-IL) House $4,750
Shelby, Richard C (R-AL) Senate $4,500
Mahoney, Tim (D-FL) House $4,000
Crowley, Joseph (D-NY) House $3,500
Fimian, Keith S (R-VA) House $3,300
Huckabee, Mike (R) Pres $3,300
Leavitt, David O (R-UT) House $3,000
Murphy, Chris (D-CT) House $2,800
Berman, Howard L (D-CA) House $2,500
Dole, Elizabeth (R-NC) Senate $2,500
Garrett, Scott (R-NJ) House $2,500
Cornyn, John (R-TX) Senate $2,300
Culberson, John (R-TX) House $2,300
Goode, Gregory Justin (R-IN) House $2,300
Landrieu, Mary L (D-LA) Senate $2,300
Lummis, Cynthia Marie (R-WY) House $2,300
Shays, Christopher (R-CT) House $2,200
Davis, Tom (R-VA) House $2,000
Hoyer, Steny H (D-MD) House $2,000
Inouye, Daniel K (D-HI) Senate $2,000
Pomeroy, Earl (D-ND) House $2,000
Visclosky, Pete (D-IN) House $2,000
Weiner, Anthony D (D-NY) House $2,000
King, Pete (R-NY) House $1,843
Shaheen, Jeanne (D-NH) Senate $1,500
Grassley, Chuck (R-IA) Senate $1,250
Nelson, Ben (D-NE) Senate $1,200
Wicker, Roger (R-MS) Senate $1,100
Baker, Richard (R-LA) House $1,000
Barrasso, John A (R-WY) Senate $1,000
Bennett, Robert F (R-UT) Senate $1,000
Brady, Kevin (R-TX) House $1,000
Capps, Lois (D-CA) House $1,000
Coleman, Norm (R-MN) Senate $1,000
Cooper, Jim (D-TN) House $1,000
Donnelly, Joe (D-IN) House $1,000
Ellsworth, Brad (D-IN) House $1,000
Engel, Eliot L (D-NY) House $1,000
Enzi, Mike (R-WY) Senate $1,000
Gillibrand, Kirsten E (D-NY) House $1,000
Gordon, Bart (D-TN) House $1,000
Harkin, Tom (D-IA) Senate $1,000
Himes, Jim (D-CT) House $1,000
Jones, Stephanie Tubbs (D-OH) House $1,000
Kind, Ron (D-WI) House $1,000
Kirk, Mark (R-IL) House $1,000
Lautenberg, Frank R (D-NJ) Senate $1,000
Lowey, Nita M (D-NY) House $1,000
Maloney, Carolyn B (D-NY) House $1,000
McMahon, Michael E (D-NY) House $1,000
Olson, Pete (R-TX) House $1,000
Pryor, Mark (D-AR) Senate $1,000
Salazar, Ken (D-CO) Senate $1,000
Tiberi, Patrick J (R-OH) House $1,000
Towns, Edolphus (D-NY) House $1,000
Wilson, Charlie (D-OH) House $1,000
Mielke, Daniel Ernest (R-WI) House $900
Huelskamp, Timothy A (R-KS) House $750
Laesch, John (D-IL) House $750
Tinklenberg, Elwyn (D-MN) House $750
Vilsack, Thomas J (D) Pres $700
Harrison, Stephen A (D-NY) House $604
Brownback, Sam (R-KS) Senate $500
Courtney, Joe (D-CT) House $500
Crapo, Mike (R-ID) Senate $500
Davis, Geoff (R-KY) House $500
Fossella, Vito (R-NY) House $500
Gilchrest, Wayne T (R-MD) House $500
Musgrove, Ronnie (D-MS) Senate $500
Myers, Chris (R-NJ) House $500
Pierluisi, Pedro (3-PR) $500
Putnam, Adam H (R-FL) House $500
Richardson, Bill (D) Pres $500
Roggio, Robert (D-PA) House $500
Van Hollen, Chris (D-MD) House $500
Wu, David (D-OR) House $500

[jkjsooner]

In defense of Dodd, he put the amendment into the bill that restricted executive compensation. You could argue that without him there would be no restriction whatsoever. He argues that he did not put the exemption to that restriction in there and that it was placed in there by someone else. I suppose we'll find out if that is true.

I would guess there is a good argument that the exemption to the executive compensation restriction was put in there because congress can't retroactively invalidate a contract that already exists. AIG could have said that they can't legally accept the govt money w/o that exemption because by doing so would mean they were breaking legally valid contracts. Someone may have put that language in there to avoid that problem.

Don't take this to mean that I trust Dodd. He may very well have protected AIG execs because of the large donations they've given. I hope we find out. I think he and Frank are corrupt (as are many Republicans) and I would love to see them get the boot.

[OUDoc]

If I agree to give you money, I can put any restrictions on it that I want. If you don't like them, don't take my money.

[StoopTroup]

Originally Posted by OUDoc

If I agree to give you money, I can put any restrictions on it that I want. If you don't like them, don't take my money.

Don't we wish it could be just that simple.

[OklahomaTuba]

Just another day in Obamerica, er, I mean Teleprompter Jesusland.

Bonuses Expected at Fannie, Freddie
Fannie Mae is due to pay retention bonuses of as much $470,000 to $611,000 this year to some executives despite enormous losses at the government-backed mortgage company. Fannie's main rival, Freddie Mac, also plans to pay such bonuses but hasn't yet provided details.

http://online.wsj.com/article/SB123739512036672809.html

[jlew1818]

If you don't agree with everything Obama does or says your racist and UN American.

[Scott D]

And in other news Exxon-Mobil just gave their CEO another $19 Million dollar bonus

[jlew1818]

lol

[Frozen Sooner]

Originally Posted by jlew1818

If you don't agree with everything Obama does or says your racist and UN American.

You know, that's just amazingly hypocritical bull**** right there. Standard playbook, though-accuse your enemies of doing what you do.

[OklahomaTuba]

The teleprompter nationalized ExxonMobil too??

SWEET!!!

I can feel the earth healing already!!